According to the latest report by IMARC Group "BOPP Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", The global BOPP films market exhibited moderate growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 6% during the forecast period (2021-2026).
Biaxially oriented polypropylene (BOPP) films refer to films stretched in both transverse and machine directions, which generates a bidirectional molecular chain orientation. These films offer an excellent look and finish through optimum gloss and high transparency. BOPP films are considered ideal for food packaging on account of their homogeneous structure, shelf appeal, high clarity, moisture barrier properties, graphic reproduction and sealability. As compared to other plastic films, BOPP films are a better solution due to their lower carbon footprint.
The global BOPP films market is being driven by the requirement for efficient pharmaceutical packaging solutions and rapid growth in the food and beverage (F&B) industry. Apart from this, the increasing adoption of flexible packaging in packing dairy and other beverages, such as carbonated sodas, mixed beverages, coffee brews, and caffeinated drinks, is contributing to the market growth. Other factors, such as technological advancements in the packaging industry and extensive research and development (R&D) activities, are creating a positive outlook for the market further.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global BOPP Films Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Altopro, S.A. de C.V., Amcor Plc, Ampacet Corporation, Chiripal Poly Films Limited, Clondalkin Flexible Packaging, Cosmo Films Limited, Futamura Chemical Co. Ltd., Innovia Films Limited (CCL Industries), Jindal Poly Films Limited, Mondi Plc, Polyplex Corporation Ltd., Printpack Holdings Inc., Toray Industries Inc. and Uflex Ltd.
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The report has segmented the market on the basis of Type, Thickness, Production Process, Application and Region.
Breakup by Type:
Type
Bags and Pouches
Tapes
Labels
Others
Breakup by Thickness:
Below 15 microns
15-30 microns
30-45 microns
More than 45 microns
Breakup by Production Process:
Tenter
Tubular
Breakup by Application:
Food
Beverage
Tobacco
Personal Care
Pharmaceutical
Electrical and Electronics
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
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